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Listed by Emily Huskey • Keller Williams Indy Metro Partners
$ 200,000
Est. payment /mo
New
604 Hendricks ST Anderson, IN 46016
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Linden Home
MLS Listing ID 22111615
Year Built 1886
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Triplex
Property Description
Unlock the potential of this triplex, offering an excellent opportunity for investors and owner occupants alike. With strong upside potential, this property has the potential for a new owner to increase cash flow by updating the units with more modern finishes and capitalize on higher rents, or leave as-is for an easy portfolio addition. Whether you're looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other two to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. With multiple income streams, room to build equity through strategic improvements, and the chance to maximize rental income, this triplex is a savvy investment in today's market. Don't miss the opportunity to add value and make this property work for your financial goals. Electric metered separately. Tenants pay $50 each for water/sewer utility charge. Rents are $675-750 currently. Two 2/1 units, one 1/1 unit.
Location
State IN
County Madison
Interior
Fireplace N
Exterior
Garage Spaces 2.0
Building
Story Two
Foundation Other
Structure Type Vinyl Siding
New Construction false
Schools
School District Anderson Community School Corp
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